2019 Regular Session ENROLLED
SENATE BILL NO. 42
BY SENATOR MARTINY
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
1 AN ACT
2 To amend and reenact R.S. 37:3393(H)(3), relative to real estate appraisers; to provide for
3 the regulation of licensed appraisers; to provide for exceptions; to provide certain
4 terms and conditions; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 37:3393(H)(3) is hereby amended and reenacted to read as follows:
7 ยง3393. License required; penalty for unlicensed real estate appraiser activity
8 * * *
9 H. The provisions of this Chapter shall not apply to the following:
10 * * *
11 (3) A director, officer, or salaried employee of a commercial banks, savings
12 banks, credit unions, and or savings and loan associations, when engaged in
13 appraisal or evaluation activities for and on behalf of such financial institutions,
14 unless there is a fee charged for the appraisal or evaluation, provided that a federal
15 statute, rule, or regulation does not require such appraisal or evaluation activities to
16 be performed by a state licensed real estate appraiser.
17 * * *
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
ACT No. 186
Page 1 of 1
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.